S(T) = The asset's expected salvage value
at time T;
IOU expects the nuclear plant to have no salvage value
at the end of its useful life.
The over stock at the retailer is buyback at salvage value
[b.sub.r] per unit item.
The consumers at the retailer require high quality; therefore any leftovers are sold to a secondary market at a salvage value
. Hence we assume retailer makes single period decisions.
When MNC holds an option of abandonment and the project is completely irreversible, which indicates that the project has no salvage value
, then two optimal investment thresholds in two cases are the same regardless of the abandonment option.
Conversely, a third-party professional with no great expertise in specifically the business he is managing through a court order is inherently incentivised to shut it down and appropriate the hidden salvage value
. In that view of the matter, a law that automatically hands over failing businesses to strangers does not encourage entrepreneurs to 'Make in India'; it promotes a culture of 'junk and sack-off in India'.
Even if a term may be implied with respect to ownership of waste or chattels with no more than scrap or salvage value
, it does not follow that the same tenu should be implied for chattels of substantial value.
would be low since things like blast furnaces are not moveable and much of the equipment is old anyway."
Following a 12-week consultation, a further 16 scenarios have been drawn up under which farmers could lose compensation - to be based on an animal's salvage value
or market value, whichever is higher.
While the cargo itself needed to be destroyed, the loss triggered several issues, including the public trust/duty to uphold the law, issues of taxation (alcohol taxes are paid up front and may be recoverable if proper poof of destruction can be presented), as well as the salvage value
of the cans as scrap.
The contract in which the company was to demolish three World War II era hangars, has now increased the scope of work and together with the salvage value
of the recycled materials, it expects its revenue on this project to be the mentioned amount, it added.
With the increased scope of work, together with the salvage value
of the recycled materials, CES expects its revenue to approach USD1.2 million on this project.